Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
The central government issues a notification superseding numerous prior customs exemption notifications and establishes standardized effective rates of customs duty, integrated tax (IGST) and compensation cess for specified imported goods. It exempts imports for listed tariff items to the extent duties or taxes exceed prescribed standard rates set out in Tables I-IV, with applicable conditions in annexures, and includes a provision adjusting valuation for certain goods based on carrier, freight and insurance. The notification takes effect on 1 November 2025.
The central government issues a notification superseding numerous prior customs exemption notifications and establishes standardized effective rates of customs duty, integrated tax (IGST) and compensation cess for specified imported goods. It exempts imports for listed tariff items to the extent duties or taxes exceed prescribed standard rates set out in Tables I-IV, with applicable conditions in annexures, and includes a provision adjusting valuation for certain goods based on carrier, freight and insurance. The notification takes effect on 1 November 2025.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
